iOS app Android app

Industrial and Commercial Bank of China

Chinese Lender To Buy Stake In U.S. Bank

Posted 05.25.2011 | Business

Industrial and Commercial Bank of China (1398.HK) agreed to acquire a majority stake in the Bank of East Asia's (0023.HK) U.S. unit, making it the fi...

China's Biggest Bank to Support Africa's Most Destructive Dam?

Peter Bosshard | Posted 05.25.2011 | World
Peter Bosshard

Ethiopia's Gibe 3 Dam is one of the most destructive hydropower projects being built today. A worldwide civil society campaign has held international financial institutions at bay for several years. Yesterday, however, the Industrial and Commercial Bank of China (ICBC) offered to step in with a $500 million loan.

Jiang Jianqing, CEO Of Top China Bank, Earned Just $234,000 Last Year

Reuters | Steve Eder | Posted 05.25.2011 | Business

NEW YORK (Reuters) - You wouldn't know it by his pay stubs, but Jiang Jianqing heads the world's largest bank....